Weekly Published Article

6/12/21 - Do You Have A True Retirement Plan?

Millions of people are moving money into tax-free Roth IRAs in anticipation of higher taxes in the future.  Should you do this as well?  Well, just as you have always been taught to look both ways before crossing a road, you need to evaluate all factors before moving money to a Roth IRA. 

6/5/21 - Are You Making These Critical Beneficiary Mistakes?

 

When it comes to passing money on to their heirs, most people think it goes through their will and/or trust.  However, many times the majority of assets are passed on through beneficiary designations.  And unfortunately, many people don’t understand this and/or make some critical mistakes when it comes to naming beneficiaries on their assets.

 

 

5/28/21 - Look Both Ways Before You Cross The Road To A Roth IRAs

Millions of people are moving money into tax-free Roth IRAs in anticipation of higher taxes in the future.  Should you do this as well?  Well, just as you have always been taught to look both ways before crossing a road, you need to evaluate all factors before moving money to a Roth IRA. 

5/22/21 - May 2021 Question Of The Month

 

“Hi, Brian.  I retired last year.  Am I able to continue to fund an IRA?  Thank you.”  Elaine

 

Hi, Elaine.  In order to be able to contribute or fund an IRA or other type of retirement account, you must meet some guidelines to qualify.  The first and foremost guideline is that you must have earned income.  Earned income is any income that is received from a job or self-employment in the form of wages, salary, tips, bonuses and commissions.  

 

 

5/14/21 - How To Protect Your Retirement Plan from Higher Taxes

The news has been dominated lately with talk about the future of taxes and tax rates in this country.  Tax rates are expected to rise not only for individual income taxes but also for capital gains and corporate taxes.  In addition, several new taxes are being proposed, and the estate tax exemption amount will likely be coming down to affect more people.  So how can you protect your retirement plan from higher taxes in the future?